easy · Elliott Wave Theory alternation
A market reaches 2,500 at the end of Wave 3. Wave 4 then develops as a sideways combination.
If Wave 1 was 100 points long and ended at 2,100, and the trader applies the Guideline of Equality for Wave 5, what is the target if Wave 4 ends at $2,420?
- $2,500
- $2,520
- $2,200
- $2,600
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